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of raising taxes in the face of the fiscal cliff. >>> courageous until the end. a former mayor in mexico who fearlessly stood up to the drug cartels found murdered. >>> and face-to-face behind closed doors today, u.n. ambassador susan rice takes on one of her sharpest critics, senator john mccain, over her actions after the benghazi attack. good morning and welcome to "early start," i'm deborah feyerick in for john berman. >> really nice to have you. >> i'm so glad to be here. >> i'm zoraida sambolin. it's 5:00 a.m. in the east. first, congress back to work, and back to bickering. in just under 35 days, america hits the fiscal cliff. that triggers severe spending cuts and tax hikes. several top republicans are now defying party politics and signaling a willingness to consider increasing tax revenues to get a budget deal done. but when the lame duck senate got back in session yesterday it sure sounded like the same old broken record. >> the senate has spoken. president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2%
are triggered by the fiscal cliff. democrats and republicans appear stuck on entitlement reforms. democrats don't want deep cuts to programs like medicaid, medicare, social security. some republicans say it's the only way to get a deal. >> the reason we're having these negotiations is because washington democrats have spent money without any care for the cost or the future. and refuse to do anything to protect long-term spending programs like medicare, a failure that's among the biggest single drivers of our debt. >> one out of three people in this country are going to rely on medicare and head cade for their health insurance. so we need to find ways to preserve these programs. >> senator durbin says the debate over entitlement programs should be fought after the new year. he's going to join us in a few minutes to talk about it. >>> police on new york's long island investigating a deadly bus crash, a 6-year-old boy was killed last night when the driver of that bus lost control and went barreling into the front bedroom of the boy's home. police say the bus driver swerved to avoid hitting a pedes
>>> tonight, battleground america. the looming fiscal cliff and the fight to save the economy. in his first interview since the big romney loss, i will ask reince priebus if his party is out of touch with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his part
people here in washington are calling the fiscal cliff. today, we have new proof that people across the country not only are aware of what's going on, they're very, very worried. our new poll shows 68% say the country will face either a crisis or major problems if the cuts in taxes aren't avoided. and a whopping 77% say their personal financial situation will be affected by a failure to solve the fiscal cliff problem. despite this nationwide sense of urgency, there's only a little talk of compromise right now as lawmakers return to washington. our congressional correspondent, kate bolduan, has been working her sources on capitol hill and what's going on. stakes are enormous right now. what's going on? >> they were away for a week. staff was supposed to be working. but lawmakers are arriving back in town with no real whisper of an imminent breakthrough at the moment to avoid this looming series of tax increases and spending cuts that could very well damage the economy. but the air of compromise among some notable republicans is definitely grabbing attention. the republicans' comments
this morning. congress is back in session, and just in time, we are now 35 days away from the fiscal cliff. >> a big day in the middle east. today both israel and gaza meet to further the cease-fire between the two embattled nations. we're going to have a live report coming up for you. >> gray thursday, black friday, and now cyber monday. but just how good are the deals today, compared to what was put out this past holiday weekend? we're going to break it all down for you. >> did you do any shopping? >> absolutely not. there's too much football. >> don't you love it? >> good morning. welcome to "early start," i'm john berman. >> and i'm zoraida sambolin. 5:00 a.m. in the east. so let's get started. they are back. our lame duck congress returning to capitol hill today. the senate in session this afternoon. the house back tomorrow. and with 35 days left, as john just reminded us, before we plunge down the fiscal cliff, two prominent republican senators, lindsey graham and saxby chambliss are signaling they are willing to give a break the no tax pledge. that is a hopeful sign, folks, because
in that cabinet meeting. he says they're going to talk about hurricane sandy, the fiscal cliff, some national security issues. but to your question, we already know that secretary of state clinton plans to depart treasury secretary geithner and even defense secretary leon panetta has made it clear he would like to leave within the year. the current white house chief of staff still considered the odds on favorite to get the nod to become the next treasury secretary from the president. it's believed he has the greatest chance here it's believed of getting senate confirmation. that leaves open the job of white house chief of staff. and i'm hearing that among the names that are being considered for that role are ron clay, the man once biden's chief of staff and did himself i'm told a great service in president obama's debate prep despite that bad first debate the president takes responsibility for it, does not blame mr. clain. and another name i've heard floated is dennis mcdunna. earned the great respect and admiration of the president. a young man not often considered in that light but the pres
and congress finally see eye to eye on the fiscal cliff? we're just over 24024-inch hours from the start of bargaining time. >>> plus -- >> push one of my kids and i will stab you. >> the crowds are rowdy, rough, and downright rude, and the holiday season has only just begun. -- captions by vitac -- www.vitac.com >>> it is sunday, november 25th. good morning, everyone. i'm randi kaye. overnight protesters clashed with security forces. this was the scene in. cnn's reza sayah is live this morning. how far are they actually spreading now? >> randi, the protests seem to be spreading. according to the interior ministry starting last night and continuing on to terrell morning hours, there were protests, demonstrations in the northern city. according to the government officials, they tried to attack the offices of the muslim breerhood and that's when you had clashes between the muslim brotherhood and their supporters and anti-mohamed morsi protesters. there were a number of injuries there. also reports of demonstrations in the city of as yut. i'm going to carefully step aside and have a live lo
-called fiscal cliff. >>> one of the most recognizable voices in hollywood lends his voice to a pro-same-sex marriage ad. >> freedom, justice and human dignity have always guided our journey toward a more perfect union. now across our country, we are standing together for the right of gay and lesbian americans. >> morgan freeman pointing out why he's behind what voters in three states did on election day. >>> and your $2 could be worth 425 million bucks. power ball reaching a new record. let's dream the dream together, shall we? shall we? "newsroom" starts now. -- captions by vitac -- www.vitac.com >>> good morning to you. thank you so much for being with me on this monday morning. i'm carol costello. we begin with the so-called fiscal cliff. 36 days from the crisis. new signs of just how concerned lawmakers really are. more republican lawmakers now say they will work toward a compromise, even if they have to break a promise not to raise taxes. that promise, that pledge, the brain child of anti-tax activist grover norquist, a long-time power broker in the gop. but the vote faced its
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in washington to avoid going over the fiscal cliff. but are they any closer to an agreement? >>> u.n. ambassador susan rice faces three of her main republican critics today, trying to explain her comments about the attack in benghazi. will she get their support if she's nominated as secretary of state? >> then, she's queen of the racetrack. now she's taken on sonic. danica patrick is here, live, with a preview of her new racing video game. >> we have lots coming up in the next two hours. pennsylvania senator pat toomey, maryland congressman chris van hollen. utah senator mike lee. and actress lucy heal from "pretty little liars." >> "starting point" begins right now. >>> good morning, everyone. our starting point today, more republicans seeming to break their no tax pledge but still bickering with democrats over the so-called fiscal cliff. and just under 35 days now america falls off that cliff. you've heard the menacing sound right there. this triggers drastic spending cuts and tax hikes. now there are some signs of compromise on capitol hill. several top republicans saying they're willing to a
the fiscal cliff. the left and right are talking compromise. what does it mean? mike lee is out front. >>> and susan rice headed to capitol hill to meet with her most outspoken critics, including john mccain to answer questions about what happened in bengha benghazi. let's go outfront. >>> good evening. "outfront" tonight, egypt on edge. is a new dictatorship on the horizon? tonight, president morsi clarified, but really largely stood by his decision to grant himself sweeping powers. including freedom from judicial review for what he's calling presidential decisions. the announcement was made today after morsi met with members of egypt's judicial body, which has been very critical of his decision. and u.s. officials who just days ago were heaping praise on the new egyptian leader for his role in initiating a cease-fire between israel and hamas, well, now when he took all these powers away from judges that reign supreme, they're in a tough spot. >> we have some concerns about the decisions and declarations announced on november 22nd. democracy depends on strong institutions and the imp
on their plate. we're not talking about turkey. we're talking about the fiscal cliff. one of the urgent matters this lame duck congress needs to address before the end of the year and even though the tax increases are going to take effect in 36 days, there's still only talk of a compromise, so can congress actually walk the walk or are we going to go off this cliff? up next, mike lee of utah. really appreciate you taking the time. you wrote an op-ed in the washington times and said quote, delaying significant fiscal restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u.s. treasury instruments a
no announcement as to when the president will afford a name. >>> the fiscal cliff, now just 34 days away. meeting with chief executives of some of the biggest companies to gainlg gauge how the looming tax hikes and spending cuts could impact businesses. marisa mayer, ceo of yahoo! is one of those. she made her first public comments since taking the helm and giving birth. she invoked some legendary wisdom. >> in my life there were three things, god, family and the green bay packers, in that order. right? and i think that for me it's god, family and yahoo! in that order. >> mayer was honored at fortune magazine's dinner for the most powerful women. >>> 34-year-old michael dunn facing a murder charge, killing jordan davis in the process. it reportedly sparked over a fight about loud music. it's reminding some of the trayvon martin case. dunn's attorney says that's not so. >> kill that [ bleep ] that [ bleep ] dead. you dead [ bleep ]. and sees that much of a shotgun coming up over the rim of the suv, which is up higher than his jetta, and all he sees are heavily tinted front windows that are up and
over the entitlement programs should be waged after the new year once the fiscal cliff issue has been settled. >>> six minutes past the hour, new storms rolling into the northwest this morning. and that could cause dangerous flooding. alexandra steele is live in atlanta for us. what's going on? >> hey, good morning to you guys. we've got one storm that's gone and one storm that's a massive storm incoming. so let's start with this, all you guys in new york city had snow, for sure, but right now we certainly don't. this has all moved offshore. this was just the rain, but what was left behind? actually black ice there this morning. places like new jersey, six inches of snow. chester, new jersey, five. you can see sunbury, pennsylvania, three. 2 1/2 in mill brooke. the hudson valley and portions of connecticut are seeing black ice as a factor. take it slow, especially the elevated surfaces with temperatures so cold. story number one. story number two, a mammoth storm, this is the water vapor. what you need to see with this is look at this huge trough off the coast. all this moisture is po
. they are at the heart of the negotiations over the fiscal cliff. democrats want to raise them for the wealthy. republicans say no. >> now one leading republican may be breaking ranks. georgia senator saxby chambliss now says a no tax pledge signed by most republicans is standing in the way of getting a deal done. >> times have changed significantly. i care more about this country than i do about a 20-year-old pledge. i think we owe the debt and we've got figure out a way to pay it. >> specifically, chambliss was talking about grover norquist and his group americans for tax reform. they put out that no tax pledge. norquist talked about it on cnn's situation room". >> the commitment he made to the people of georgia was not to me. it was a written commitment to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser, so we don't have to reform government, he needs to have that conversation with the people of georgia. >> there are 38 days left till we reach the fiscal cliff
tonight teetering on the edge of the fiscal cliff about 36 days to go until fax increases kick in. the white house and congress are playing a high stakes game of let's make a deal. president obama spoke with john boehner this weekend and expressed confidence the deal can't be reached before the deadline. that's what most americans want. in the the latest poll. >> when you're $16 trillion in debt, the only pledge we should make to each other is to avoid. >> you signed it 20 years ago, 18 years ago is for that congress. the world has changed. >> joining me now is the man in the middle of this storm, grover norquist. grover, welcome to you. >> good to be with you. >> you can't comply on the bounty the mutiny has begun: >> it's funny to watch a senator or congressman who got himself elected by promising the citizen of his state that he would go to washington to reform government and not to pay taxes. when the going gets rough he wanted to debt ceiling increase. the same cast of chakts are turns in the homework for the second tyne two years later and there's not a snowball rolling. the
, you mentioned the fiscal cliff. everybody here, a lot of people who are not here, are worried about what would happen if we went over the fiscal cliff. the combination of higher taxes and spending cuts are estimated to take 4% out of a relatively weak gdp. even if we do not and some deal is struck, the combination of eliminating the payroll tax reduction, which seems to be something the administration supports, that, together with some base broadening, would probably be at least 2% of gdp. if there is going to be a deal, it would involve spending cuts as well. even if we avoid going over the cliff, it looks like there will be substantial fiscal contractionary impact next year. in that environment, what can the fed do to try to offset that to make sure that it does not take us to the edge of ore over the edge of a recession? >> we will see what deal comes out. but you are correct that even if the most extreme scenarios are avoided, some plausible scenarios still involved relatively contractionary fiscal policies over all. i made that point in my remarks when i said that under most pl
? 35 days left till we reach the fiscal cliff. and a couple of key republicans are now suggesting that they're willing to forego their no tax pledge to try to get a budget deal done and avoid massive tax hikes, and spending cuts that will come in the new year. brand-new cnn/orc poll shows that is, in fact, affecting the american people. 68% say they believe falling off the fiscal cliff could trigger major problems for the country, maybe even a crisis. brings us to dan lothian at the white house this morning. dan, good morning. senate goes back to work this afternoon. the house will return tomorrow. what could really be done by lame duck congress? >> well, look, the hope is that there will be some kind of compromise here, because as you pointed out most americans believe that if there is no agreement there really could be a crisis here. so you are seeing some softening from republicans who took that no tax pledge back to 1986. first it was saxby chambliss. now south carolina republican senator lindsey graham. take a listen. >> when you're $16 trillion in debt, the only pledge we sh
the palestinians. >> thanks, jim. appreciate it. if you this fiscal cliff just a big deal in washington, we'll show you why the whole world now depending on american politicians to find a solution en soon. hurry in and try five succulent entrees, like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. part of a whole new line of tablets from dell. it's changing the conversation. ♪ make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. eve
. >>> we're now only 35 days away from the so-called fiscal cliff. deep cuts in federal spending coupled with sharp tax increases by law they take effect automatically and many experts fear will throw the u.s. economy back into a recession. both congress and the white house are trying to make a deficit reduction deal to avoid the financial chaos. and president obama's reverting to some campaign mode right now to try to make sure things are done his way. our white house correspondent dan lothian is joining us now with new information. what are you learning, dan? >> reporter: well, wolf, while senior members of the administration including secretary geithner, chief of staff jack lou also top advisor meeting with -- the president himself trying to sell his vision to the public, but some say it's not a winning strategy. it doesn't take a gps to find the way to the fiscal cliff. much more difficult, finding the off ramp. at the president's first meeting with congressional leaders more than a week ago, there was a sense of optimism. >> my hope is is that this is going to be the beginning of a
next, with the fiscal cliff just 35 days away, congressional loerds say president obama isn't doing enough to make a deal. senator mark warner, the third wealthiest man of the senate, outfront on tax rates and whether the president needs to take a bigger role. >>> plus, the u.n. ambassador to the u.s. susan rice, admits the talking points she used after the benghazi attack were wrong. republicans call her answers troubling. >>> and a former mayor spent her life taking on thugs in her town. her fight and her life tonight are now over. let's go out front. >>> good evening, everyone. i'm erin burnett "outfront" tonight, where in the world is president obama? it's been 11 days since he met with congressional leaders on the fiscal cliff. and with impending doom as a lot of people describe it, just 35 days away, key lawmakers say the president hasn't worked hard enough with them to broker a deal. >> rather than sitting down with lawmakers of both parties and working out an agreement, he's back on the campaign trail presumably with the same old talking points that we're all quite familiar
board room a lot of hammering over the fiscal cliff. some 35 days away now. business leaders are calling for action. listen to this plea from the group the business round table. >> america's ceos have a message for washington. >> top priority for us is to advance policies that will get the u.s. economy growing again. >> the country has to have a higher rate of growth. that begins with addressing the fiscal cliff issue. >> so, bipartisan bottom line, right? not quite. you see those business leaders have a vested interest in which spending should be cut and which loopholes closed. and let's just say what's old is new again. alison kosik is at the new york stock exchange with a closer look. put this in language we can understand as people who are not ceos. >> many of these high-level ceos, carol, are part of this movement, this campaign to fix the debt we've been hearing so much about. this includes some of the biggest heads of business that are out there. and some have been more outspoken than others when it comes to what needs to get done to get a handle on the deficit. it also has a lot
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-tax pledge but he says he's ready to talk tax hikes to avoid a fiscal cliff. he said earlier this week, quote, i care more about my country than i do a 20-year-old pledge. if we do it his way, we'll continue in debt and i just have a disagreement with him about that. he's talking about grover. >>> in suburban washington you're taking a look at community leaders, union leaders and perhaps some walmart workers. they're heading toward a walmart store. we believe they made it to a parking lot. as you know, they're protesting salary and health benefits for the workers at walmart. renee marsh is among the protesters, joining us now live. fill us in, renee. >> reporter: good morning, carol. i can tell you that they have finally made their way to the outside of this walmart here. just take a look. you can see how many people are out here. i would estimate it is in the hundreds. and they're all chanting. some of them wearing signs, some of them holding signs that say that the wages just aren't where they should be. now within this mix of people, we know that there are union members. we know that there
the uncertainty, the u.s. fiscal cliff. no talks this week in washington with congress on a recess and the president traveling and the conflicts in the middle east fueling volatility. oil prices up three quarters a percent in electronic trading. and it is looking more likely that hostess will shut down after mediation talks with union workers that failed yesterday. there's a bankruptcy hearing scheduled for later today. we'll find out the fate of hostess. 18,000 people and their jobs are at risk if the company liquidates and hostess could sell their recipes to pay off their creditors. if the company is liquidated, it looks very likely it would close 33 bakeries, 565 distribution centers and 55-00 delivery routes and 570 bakery outlet stores in the u.s. and what does it take to be in the top 1%? what do you make to be a 1% one percenter? the average one percenter earns 1.12 million dollars a year. >> it's at the heart of the fight of the taxes and all that. >> the one percenters. >>> they are pilots who never leave the ground. coming up, cnn is on the ground in israel. an up-close l
is in case washington doesn't reach a deal in the so-called fiscal cliff? >> exactly. let me start with explaining exactly what a dividend is. if you own shares the dividend is this chunk of cash paid back to you. typically, you get it every quarter. walmart, it was going to pay its next dividend january 2nd. because we don't know what's going to happen with the fiscal cliff, the expectation is that taxes are going to shoot out, walmart will pay out this dividend early so shareholders can record that payout this year when dividends top out at 15% compared to next year when the rate is expected to jump to 40% if there is no deal reached on the fiscal shift. they say it's in the best interest of its shareholders. true, it's also in the best interest of the founders, the walton company. >> walmart isn't the only company moving uch the dap the right? >> right. more than 100 companies will be issuing these special dividends in the fourth quarter. more than triple have done this in recent years. one called hot topic, the other the buckle. they're moving up their dividend payouts to this
the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- thi
poll said tax increases should be part of the fiscal cliff solution. add that to the election results and the exit poll results. how much do all those numbers change the political equation for the gop right now? >> it's hard to say definitively, wolf. it changes the equation a little bit. what's more interesting and what you hear from senator corker and the rest is this sort of see mantic question, not arithmetic but semantics. it's the question of when is the tax increase not really a tax increase? if you don't raise the top rate as you talked to the senator about before, but you do cap deductions for the wealthy? does that count as a tax increase? in my book it does count as a tax increase, but would republicans then be able to say, well, we didn't raise the top rate? so i think what we see going on right now, wolf, is a lot of theatrics. you see some republicans in the senate, and i would argue that the house republicans are the ones we really need to hear from, because they're the most dug in on the tax question. you hear some republicans kind of saying, you know, that's a pledge
cuts at the end of the year, the so-called fiscal cliff, senator saxby chambliss told wmaz, quote, i care more about my country than i do about a 20-year-old pledge. if we do it his way, then we'll continue in debt and i just have a disagreement with him about that. lobbied republican lawmakers, including chamblis not to raise taxes. >>> powerball jackpot keeps climbing and climbing and climbing toward a record. it is now at an eye-popping, jaw dropping $325 million. what would you do with that money? next drawing, by the way, is tomorrow night at 10:59 pm eastern time. >>> actor james spader does a memorable turn in the blockbuster new movie "lincoln," playing w.n. bilbo, try ing ing get the anti-slavery amendment passed through congress. here is a look at the trio, as they meet for the first time with secretary of state william henry steward. >> doesn't come cheap. >> the president would be unhappy to hear you did this. >> would he be unhappy to hear we lose? >> money i managed to raise for this endeavor is only for your fees, food and lodging. >> if that squirrel-infested attic yo
Search Results 0 to 35 of about 36 (some duplicates have been removed)